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Every day you walk across campus, passing many buildings you've not had need to enter. Toward the end of the semester, you have to speak to your professor about a research paper. When she tells you her office is in Murray Hall, you know exactly where it is. You have demonstrated
Par Value
The nominal or face value of a stock or bond, as stated by the issuing company, that has no direct correlation to the market value.
Corporate Existence
The state of being recognized as a legal entity that is separate from its owners, enabling the corporation to own assets, incur liabilities, and enter into contracts.
Business Combination
A transaction or other event in which an acquirer obtains control of one or more businesses.
Common Stock
Equity ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.
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